Bryn Mawr, Pa.-based BrynMawr Bank Corp. increased its dividend to 21 cents per share.
The dividend, payable Sept. 1 to shareholders of record as ofAug. 2, represents an increase of 5% over the previously declared dividend of 20cents per share.
The company reported net income of $8.9 million, or 52 centsper diluted share, for quarter ended June 30, compared to $8.1 million, or 45 perdiluted share, for the quarter ended June 30, 2015.